Russia is forecast to add the highest trunk pipeline length in the Former Soviet Union oil and gas pipelines industry between 2018 and 2022, contributing a total length of 20 680 km by 2022, which will account for around 75% of the region’s planned and announced oil and gas pipeline length additions, according to leading data and analytics company GlobalData.
The company’s report: ‘Oil and Gas Pipelines Industry Outlook in Former Soviet Union to 2022’ forecasts that approximately 27 720 km of planned and announced oil and gas pipeline length will be added in the Former Soviet Union by 2022, taking the region’s total oil and gas pipeline length to around 419 268 km by 2022.
Russia also has the highest new build capital expenditure (CAPEX) of around US$78.8 billion for the 2018 - 2022 period. Russia-India is the longest planned natural gas pipeline in the country as well as for the region. It is expected to start its operations in 2022 with a planned length of 6000 km.
Soorya Tejomoortula, Oil & Gas Analyst at GlobalData, comments: “Russia is further expanding its massive natural gas pipeline network for exports. The country is building pipelines to transport its natural gas to demand centres such as China, India and Western Europe.”
GlobalData identifies Turkmenistan as the second highest in terms of oil and gas pipeline length additions and also in spending on planned pipelines in the Former Soviet Union oil and gas pipelines industry. The country has planned investment of approximately US$14.95 billion by 2022 and plans to add total length of 3100 km of oil and gas pipelines by 2022. The Turkmenistan-Afghanistan-Pakistan-India (TAPI) gas pipeline with a length of 1800 km is the major planned and announced oil and gas pipeline in the country.
Tejomoortula adds: “Turkmenistan is also expanding its pipeline network mainly for exports. The country is planning to build two multibillion dollar gas pipelines to export gas from the Galkynysh gas field to South Asian countries such as India, Pakistan, and Afghanistan, and to China.”
The three longest planned and announced natural gas pipelines in the Former Soviet Union during the forecast period are Russia-India gas pipeline, Nord Stream 2, and Power of Siberia (Russia Section-I) pipeline in Russia, with lengths of 6000 km, 2400 km, and 2200 km respectively.
The report also states that the three longest planned and announced oil pipelines in the region by 2022 are Eskene-Kuryk pipeline in Kazakhstan, Brody-Adamowo pipeline, and ESPO offshoot-Komsomolsk pipeline in Russia with lengths of 739 km, 396.3 km and 293 km respectively.
Read the article online at: https://www.worldpipelines.com/business-news/11102018/russia-forecast-to-make-substantial-oil-and-gas-pipeline-additions-by-2022/